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Two-Unit Residential Income Property

616 + 616 1/2 S Race Port Angeles, WA 98362

616 + 616 1/2 S Race, Port Angeles, WA, 98362
$425,000
For Sale
$425,000

MULTI_FAMILY - Port Angeles, WA

Property Size1,296 SF
Lot Size0.16 Acres
Price / SF$327.93
Days on Market47

Property Features for 616 + 616 1/2 S Race

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Parking features
Off Street
Appliances
Dishwasher, Refrigerator, Range/Oven
Standard status
Active
APN
063000020780
Size
1,296 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
see Exhibit A in Associated Docs
Tax Annual Amount
3144

Utilities

Heating system
Electric (Heating), Other (Heating), Baseboard, Propane (Heating)

Building Details

Year built
1925
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Roof type
Composition
Listing Agency RE/MAX Evergreen
505 E 8th Street Suite B, WA
Listed by David Ramey · License #5658
Added: Jun 4 Updated: Jun 10 at 4:48 pm Checked: Jul 20 at 3:06 pm
MLS# 400765 Listing URL

Copyright © 2026 Olympic Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-unit residential income property consists of 616 and 616 1/2 S Race, each configured for separate rental use. The 616 unit has a renter in place with a lease through March 2027 at $1,500 per month. The 616 1/2 building includes a studio apartment above the garage and the garage itself, rented for $1,000 per month, with a 60-day notice by either party. Both buildings were freshly painted on the outside within the past year.

Situated in the city core of Port Angeles, the property is identified under Residential zoning. The site totals approximately 0.16 acres, with an overall property size of 1,296 square feet.

For investors or owner-operators seeking a small, self-contained rental offering, the current tenant occupancy provides an income stream with documented lease terms in place. Prospective buyers should plan for showings to be arranged with the tenants, per the agent remarks, and consider the differing notice and lease timing between the two addresses when evaluating a transition plan.

Key Highlights

  • Two rental units: 616 leased through March 2027 at $1,500/month
  • 616 1/2 includes a studio apartment above the garage and the garage for $1,000/month
  • 616 1/2 is on a 60‑day notice by either party

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Storage Facility HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Butcher Big Box & Wholesale Store Carpet & Flooring Store Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - A two-building residential income setup with an active lease and a separate studio/garage arrangement.
Where is this duplex located?
The property is located at 616 + 616 1/2 S Race Port Angeles, WA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two rental units: 616 leased through March 2027 at $1,500/month; 616 1/2 includes a studio apartment above the garage and the garage for $1,000/month; 616 1/2 is on a 60‑day notice by either party
Contact an agent
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